Tracking your spendings online with web apps is very convenient since they offer the power of monitoring your expenses in detail without the clunky interface found in desktop apps. If you are looking for alternatives to popular personal finance apps, then you should check out Accpal. This Silverlight-based money management tool allows you to track your accounts with extra features such as multi-level tagging, comprehensive reports, and one-click transactions.

To use Accpal, simply add your new account and currency. After which, you can start adding individual transactions. You can add multiple transactions by clicking “Add & New” while adding an entry. Inputting data feels like working with a spreadsheet which is not necessarily a bad thing. In fact, many will find this a nice surprise since you can see your income and expenses in one glance.

The highlight of this app is the multi-level tagging feature. With multi-level tagging, you can break down your transaction into a single tag nested under a broader tag. For example, you can click coffee as a tag under “food”, and you can even go deeper and tag “espresso”, under coffee. This gives you an idea of what exactly you are spending on. This differs from other web apps that lets you tag as much as you like, leaving you to organize the transactions yourself.

Israel Nicolas was first a travel writer, but has gone into the dark side of mixing technology and travel. He loves to walk around the country with just a good set of shoes and a small backpack, not leaving without his laptop and other gadgetry.